Alliance Resources Limited (ASX:AGS) insider Stephen (Steve) Johnston bought 1,000,000 shares of the company’s stock in a transaction dated Wednesday, September 4th. The stock was bought at an average price of A$0.12 ($0.08) per share, for a total transaction of A$119,000.00 ($84,397.16).

The firm’s 50-day moving average is A$0.10 and its 200 day moving average is A$0.10. Alliance Resources Limited has a 1 year low of A$0.08 ($0.06) and a 1 year high of A$0.15 ($0.11). The stock has a market capitalization of $20.56 million and a PE ratio of -11.67.

Alliance Resources Company Profile

Alliance Resources Limited, together with its subsidiary, operates as a mineral exploration and mining company in Australia. Its flagship property includes the Wilcherry Project comprising 7 exploration licenses covering an area of approximately 1,200 square kilometers located within the southern part of the Gawler Craton in the northern Eyre Peninsula.

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